Quick Funding & Direct Lending for

SMEs in the UAE

Borrowers are charged an origination fee that is based on its overall risk rating and the tenure of the facility. This fee varies from 2-5%. Alongside origination fee, Business repays a certain percentage of the total facility amount as profit. From this profit payment, Funding Souq retains a 2% service fee, while the remainder is distributed to Investors.

All returns presented to the Investors are net of fees, i.e. investors are expected to receive the returns which are presented to them on the platform.

Yes, businesses can have more than one facility at any point in time. However, a business must have made several successful repayments on their existing facility prior being approved for a second facility.

Businesses undergo a due diligence process that is led by the credit team. The risk assessments analyse business and financial performance as well as qualitative facts such as the strength of the management team, industry sentiment and others. The process also includes a site visit.

Repayments can be settled early with no penalties.

Repayments can made either be processed electronically through bank transfers or post-dated cheques can be issued in line with UAE banking practices.